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Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month.
McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...
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Mar 24, 2026 / Tyler Durden
US To Order 3,000 82nd Airborne Troops To Mideast Amid Reports Of Potential Thursday Peace Talks
US To Order 3,000 82nd Airborne Troops To Mideast Amid Reports Of Potential Thursday Peace Talks
Summary
WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US...
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Jun 2, 2026 / Tyler Durden
A Mass-Graves Myth Is Media Malpractice
A Mass-Graves Myth Is Media Malpractice
Authored by Daniel McCarthy via PJ Media,
A hoax costs taxpayers hundreds of millions of dollars and appears to incite arson attacks against dozens of churches.
No, this isn't the latest headline out of Minnesota - look a little further north.
Dietmar Rabich / Wikimedia Commons / CC BY-SA 4.0
In 2021, at a time when media throughout the Western world were still in a state of agitation after the killing of George Floyd, Canadian outlets picked up a story too sensational not to be true:
Hundreds of indigenous First Nations children had...
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Jun 1, 2026 / Tyler Durden
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms
OpenAI no longer has to worry about being last in the AI IPO race and lagging ARRs when compared to Anthropic, not to mention a potential Supreme Court showdown against Elon Musk (pending appeal). Earlier today, Florida became the first state to file a lawsuit against OpenAI and its chief executive, Sam Altman, launching a new broadside in a growing rebellion against the alleged safety failings of artificial-intelligence chatbots.
The lawsuit, filed Monday by Florida Attorney General...
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